Summary - 22, MARKET STREET LA12 7LR
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Prime retail location on Market Street, Ulverston
- Currently let to a confectionery retailer on a new 5-year lease
- Spacious – 758 square feet, with a traditional Victorian façade
- High foot traffic area close to well-known retailers like Boots and Greggs
- Attractive 7% yield at £135,000 for freehold investment
**Potential Downsides:**
- Mortgage lenders may be hesitant due to remaining lease term
- High crime rate in the local area may deter some investors
This charming Victorian retail unit located at 22 Market Street, Ulverston, presents an exceptional investment opportunity in a bustling market town on the Furness Peninsula. With 758 square feet of commercial space, the property boasts a double aspect glazed frontage designed to captivate customers. Currently leased to a confectionery store on a new 5-year term, this property promises a solid 7% yield, making it a compelling choice for investors seeking consistent returns.
Though the backdrop of a vibrant shopping area and proximity to popular chains ensures a steady flow of foot traffic, potential buyers should weigh considerations like the mortgage lending landscape and the high crime rate in the area. With walkable and cyclable amenities nearby, this location combines charm, commercial viability, and future potential for those looking to invest in Ulverston's retail scene. Don’t miss this rare opportunity to secure a slice of prime retail real estate.
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